Underused Housing Tax Penalties and Interest Waived

OTTAWA: Gerald Soroka, Member of Parliament for Yellowhead wishes to advise that the application of penalties and interest under the UHTA for the 2022 calendar year will be waived for any late-filed underused housing tax (UHT) return and for any late-paid UHT payable, provided the return is filed or the UHT is paid by October 31, 2023.

This transitional relief means that although the deadline for filing the UHT return and paying the UHT payable is still April 30, 2023, no penalties or interest will be applied for UHT returns and payments that the CRA receives before November 1, 2023.

More information on the Underused Housing Tax
https://www.canada.ca/en/services/taxes/excise-taxes-duties-and-levies/underused-housing-tax.html